Introduction June 2014

Introduction June 2014

INSORCE software helps plan & optimize Change 2 Algorithmic INSORCE is driven by tested and proven mathematical algorithms Rapid Enables Project-level Planning, Optimization, Analysis in 6-12 weeks Agile Ongoing changes can be modeled and optimized instantaneously Cost Effective Replaces and/or replenishes planning committees, consultants and pilots at a fraction of the cost Cross Functional Output can address requirements of all key stakeholders in Business, Operations, Risk, Fin, HR Risk and Reg. Control Helps complete and validate a Basel-based Operational-Risk control configuration Broad Applicability Works at any vertical/ horizontal slice of organization - business, geography, product, process Stand Alone INSORCE is a Do-it-Yourself, for repeat use. It also does not need connectivity to existing applications

3 INSORCE helps design target operating models It understands Business processes Business constraints Working hours/ schedules Risk and control objectives Roles and skill sets required Location-specific talent pools Infrastructure requirements And plans, models, optimizes for Significant reduction in effort Improved cycle times Better workday planning vs. 24-hour clock Full Operational Risk control configuration Comprehensive staffing and training plan Optimal team structure Cost-wizard across all expense lines INSORCE mathematics identifies efficient [optimal] frontier, factoring in the complex trade offs between stakeholder objectives, business constraints & operational variables

4 The Problem that INSORCE helps solve: examples Unrelenting cost pressure Driving customer experience Responding to a demanding regulatory environment Operating model for new or expanding products or geographies Planning strategic capacity Identifying and assessing key operational risks Validating new system and infrastructure design Synergizing for new books of work Employee skill building and career initiatives Evaluating and implementing shared services options

5 Translating challenges to analysis, and decisions Strategic view of operations Strategic capacity Sourcing decisions Transformation areas Identifying process synergies SLA and volumes Shifts and scheduling Process bottlenecks Understanding effort requirements Optimal FTEs Team distribution Team location & skillset Assessing Infrastructure costs Total cost of ownership Infrastructure utilization Streamlining and cost of automation Evaluating Risks and Embedding Controls Control requirements Compensating controls Cost of controls Risk and control metrics Developing staffing and skills plans Competencies required Cost vs time to hire Span of control The issues are firmly interlinked and must be looked at in the context of the overall operating model to which the firm has subscribed

6 INSORCE optimizes for trade-offs among the multiple variables in an operating model Business Constraints Operational Variables Business Objectives Delays & Deadlines Business Volume Key Risk Metrics Control & Risk Regs /Policies Schedule Effort Mode Application/ Equipment Transition Time & Cost Vulnerability Controls Business Rules Process Handle Time Hiring & Training Operating Costs Supervision Human Resources Size Infrastructure Delivery Standards Work Timing Location

7 INSORCE creates a comprehensive design across PROFITS </> PROFITS A unified analytical framework for target operating model Process $ Risk Operations Financials Data, hardware, communicat ion 101 010001 010 Infra Teams Strategy

8 INSORCE builds its output around the triad of key decision variables: Cost, Control and Time Optimize Cost INSORCE postulates cost, control and time as the three critical constraints on decision making Optimize Time Optimize Control While pressure to reduce costs may always be a given, it cannot come at the expense (threshold) of service quality & increased risk Similarly, excessive processcontrol is costly and may come in the way of customer satisfaction Insorce helps reach an optima across the three primary trade offs

9 INSORCE Product Map 1 Process 4 Human Resources Actors Hand-offs Site Shifts Activity Actors Effort Other Volume AHT Delays Rules Tools 3 Optimization Math Skill Hire Train Scale 6 Financial Impact Capital Expense Income Process 2 Controls & Metrics Objectives HR & IT Resources 5 Infrastructure Risks Activities Controls KRIs

10 INSORCE in your organization Consultants INSORCE works with multiple stakeholders PE/QC Teams Insorce Workflow Systems Operating Teams Senior Management Operational Management Team Leads and supports decision making across all layers of management

11 Differentiators of an INSORCE-enabled approach Comprehensive Covers all aspects of the operating model design: Process, Risk, Operations, Financials, Infra, Teams and Strategy Breaks the conventional silos of analysis Transformative Intended to transform management outlook Helps focus on what is essential in process model and weed out the unnecessary details. Agile Standalone web based tool; easy to deploy and use No system pre-requisites/ no requirement of system integration Typical duration from deployment to output & analysis: 4-6 weeks Cost Effective Delivers results at a fraction of the cost of traditional methods Replicate results at much lower costs with deskilled resources

12 Typical Engagement Timelines An immediate first step is an INSORCE Demo to stakeholders Week Activity Outcome 1 Meetings with - key stakeholders to understand objectives of the firm - project participants to understand business challenges Project objectives 3 4 5 Developing a digital process model in INSORCE Enriching the process model, and validating the information with project teams Optimization of the digital model Review of outcomes by the project team Fine tuning of the results Presentation to executive management/ committee Enriched digital model Optimized outcomes and options Final presentation An INSORCE Pilot engagement helps clarify the use, ability, adaptiveness of the product Our consulting team helps extract pilot results, enabling product usage going forward

13 About Background Consulting established in 2007 with the objective of helping firms solve the Efficiency conundrum Partnered with a consulting effort in Risk Management Hence, consulting focused on the Cost - Control real and apparent tradeoff From Services to Product : Desktop and then Web-based product development since 2010 Present in Bangalore, Hyderabad, Mumbai, and New York Run by industry veterans and professionals with significant financial services experience globally Management resumes include Citi, UBS, JPMC, SocGen, Reuters, Tesco, HDFC, Progeon, Mphasis, PwC Established relationships A multinational US Bank in Commercial lending A leading global service-provider in BPM across financial services Operations center run for a leading European investment bank Service-provider for a leading US based investment management firm Commissioned for a project with a leading mortgage servicing institution in the US Several banks and asset managers in various stages of Pilots and discussion

14 Jaidev Iyer, CEO Jaidev.iyer@insorce.com +1-212-600-0696 Shammik Gupta, co-ceo Shammik.gupta@insorce.com +91-98455-48782 Narayan Ramamoorthy, COO Narayan.ramamoorthy@insorce.com +91-96866-61232